Author: CryptoHoppers

Key Takeaways Satoshi Nakamoto could become the world’s second wealthiest person if Bitcoin grows by 50% annually. Elon Musk is likely to remain the world’s richest individual even if Satoshi surpasses Buffett and Zuckerberg. Share this article Satoshi Nakamoto, the pseudonymous creator of Bitcoin, could become the world’s second-wealthiest individual if Bitcoin maintains its annual growth rate of 50%, Bloomberg ETF analyst Eric Balchunas has suggested.In a post on X on Monday, the analyst said that Satoshi’s estimated holdings of around 1.1 million BTC, which is worth more than $114 billion at current market prices, could surpass the net worth…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to Michael Saylor, co-founder of Strategy, the Bank of England may soon add Bitcoin to its reserves. He made the comment during Bitcoin 2025 in Las Vegas, where Reform UK’s leader, Nigel Farage, spoke about his party’s new plan. Farage said Reform UK wants the Bank of England to hold a “Bitcoin digital reserve.” He also introduced a bill that would cut capital gains tax on crypto from 24% to 10%. Saylor’s View On Bitcoin Reserves Saylor described Bitcoin as the “ultimate form of capital.” He…

Cardano price has slipped in the past few weeks, and the sell-off may continue after it dropped below key support levels and as whales started to capitulate.  Cardano (ADA) price dropped for five consecutive days, reaching a low of $0.65, its lowest level since May 8. It has dropped by over 21% from its highest point in May and by 50% from its November 2024 high. On-chain data shows that Cardano’s investors have started to capitulate. According to Santiment, the number of ADA holders has dropped to 4.49 million, down from 4.55 million at the highest point in May.  More…

Key Takeaways Meta shareholders cast nearly 5 billion votes against adding Bitcoin to the company’s reserves. The rejected proposal means Meta will not evaluate Bitcoin acquisition policies. Share this article Shareholders of Mark Zuckerberg’s Meta voted down a proposal to assess adding Bitcoin to the company’s treasury during its annual meeting this week.The results, shared by PhoenixNews on Friday, also showed that about 8.9 million shares were abstentions, and nearly 205 million shares were broker non-votes. Meta Platforms Shareholders Vote Against Bitcoin Treasury Assessment Proposal pic.twitter.com/ZeIrUHq2OK — Phoenix » PhoenixNews.io (@PhoenixNewsIO) May 30, 2025The proposal, submitted by investor Ethan Peck,…

Key Takeaways BlackRock’s iShares Bitcoin Trust faced its largest single-day outflow of over $430 million. US-listed spot Bitcoin ETFs collectively experienced $616 million in outflows amid Bitcoin’s price decline. Share this article BlackRock’s iShares Bitcoin Trust (IBIT) saw over $430 million in outflows after markets closed Friday, snapping a week-long inflow streak that had lasted since April 10. It was the ETF’s largest single-day net outflow since launch, according to Farside Investors.IBIT continues to dominate the global Bitcoin ETF market, despite its recent pullback. The fund has brought in around $48 billion in new capital since launch, with assets under…

The crypto market crash continued on Friday as profit-taking accelerated and concerns about trade and the Federal Reserve deepened. Bitcoin (BTC) price dropped to $105,500, down from the all-time high of $111,900 last week. The other top laggards were altcoins like PancakeSwap (CAKE), Raydium (RAY), Ethena (ENA), and Arbitrum (ARB), which dropped by over 10%. The crypto market crash triggered a wave of liquidations. CoinGlass data shows that 24-hour liquidations jumped by 125% to $709 million. Almost 224,000 traders were liquidated, with the largest loss amounting to nearly $13 million. Cryptocurrencies retreated as Bitcoin lost momentum following its strong rally…

Stripe has begun early discussions with banks about integrating stablecoins into traditional finance products, according to Bloomberg reporting.  The talks follow Stripe’s recent moves to build out its stablecoin offerings, including a platform that allows fintechs to launch stablecoin-linked cards quickly. Co-founder John Collison told Bloomberg that banks are taking stablecoins seriously and are exploring ways to incorporate them into their services.  About $243 billion in stablecoins are currently in circulation, with growing interest in using them for real-world payments. Collison emphasized that stablecoins could eliminate costly and slow cross-border fees.  “A lot of our future payment volume is going…

Photo: T. Schneider Key Takeaways Stripe is in early talks with banks to explore stablecoin integration for future payment solutions. The move highlights the growing significance of stablecoins in global payment systems and digital asset management. Share this article Stripe is already talking to banks about how they might use stablecoins for global payments, co-founder John Collison told Bloomberg News in a recent interview.Collison did not specify which banks were involved and what exact use cases were being discussed, but he emphasized that banks are “very interested” and not dismissing stablecoins “as a fad.”The conversations come as the global payments…

TLDR: SEC ends Binance case, easing pressure on crypto markets and investor sentiment. BNB price targets $713 as bullish momentum grows post-lawsuit dismissal. Fear & Greed Index at 60 suggests rising market confidence for BNB holders. Binance credits Trump-era SEC leadership for ending the enforcement-first approach. The U.S. Securities and Exchange Commission (SEC) has officially dismissed its lawsuit against Binance. This case, filed in June 2023, accused the exchange of inflating volumes and mishandling customer funds. The dismissal marks a pivotal moment for the crypto sector as regulatory tone shifts under the current administration.  Binance welcomed the outcome, calling it…

The TACO trade and the philosophy behind it are making waves across the financial world after a journalist asked President Donald Trump if he knew what it meant. First described by Financial Times journalist Robert Armstrong, TACO stands for “Trump Always Chickens Out,” meaning that he uses big announcements, like tariffs and taxes, as a […] Source link